BoE’s Greene warns on inflation sensitivity, risk of wage-price spiral

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BoE Monetary Policy Committee member Megan Greene acknowledged at a Saturday conference that while UK inflation is moving “in the right direction,” the pace of decline is slower than she would prefer. Speaking candidly about April’s upside inflation surprise, Greene stated that while the MPC believes it can “look through” the jump, there remains a […]The post BoE’s Greene warns on inflation sensitivity, risk of wage-price spiral appeared first on Action Forex.